logo

HK shares fall again

Wednesday, 19 November 2014



SHANGHAI, Nov 18 (Reuters): Hong Kong shares fell again on Tuesday, as investors took profits from the landmark Shanghai-Hong Kong stock connect scheme.
The Hang Seng Index unofficially closed down 1.1 per cent, at 23,529.17 points. The Hong Kong China Enterprises Index fell 1.2 per cent, to 10,426.11 points.
Analysts said the market was focusing on fundamentals again after the excitement the previous day for the launch of the cross-border scheme. On Monday, though, the Hang Seng fell 1.2 per cent.
Tuesday's top loser was Li & Fung, which slid more than 3.5 per cent. Other losers included financials, which had risen on speculative buying ahead of the trading scheme's debut.